
DWFLabs is set to launch a synthetic stablecoin between Q4 2024 and Q1 2025, with expected annual percentage yields (APY) ranging from 12% for stablecoins to 19% for long-tail altcoins. The project features omnichain mint/redeem capabilities and has secured $500 million in total value locked (TVL) commitments from partners. Concurrently, BOB Stake's new one-click solution aims to simplify Bitcoin staking, tapping into a market with over $35 million in TVL and $90 million in liquidity. Additionally, Paxos' USDL stablecoin offers a 5% annual yield, paid daily, positioning itself as a significant player in the real-world asset (RWA) market. Bitcoin-backed synthetic dollars are also going live on Stacks L2, providing yield opportunities backed by BTC.
Coinshift is your gateway to RWAs. USDL is the way to get the most out of them. Two clicks. One swap. Earn yield daily. You can’t argue with that. https://t.co/xLxBMe6FMK
Yield-bearing stables on @Stacks ✅ Yield-bearing stables on Bitcoin ✅ https://t.co/qPWk9bYiNo
bitcoin-backed stablecoins going live on stacks l2 already. synthetic dollars yes (so some risk) but with yield and btc backed. looking at you @HermeticaFi




